Michael W. Frerichs
- Democratic
Primary
Amends the Residential Mortgage License Act of 1987. In a provision concerning definitions, that an "exempt person or entity" shall also mean any person or entity that does not originate mortgage loans in the ordinary course of business, but makes or acquires residential mortgage loans with his or her own funds for his or her or its own investment without intent to make, acquire, or resell more than 3 residential mortgage loans in any one calendar year. Makes other changes. Effective immediately.
Public Act . . . . . . . . . 97-0143
Effective Date July 14, 2011
Governor Approved
Sent to the Governor
Third Reading - Short Debate - Passed 114-000-000
Passed Both Houses
Placed on Calendar Order of 3rd Reading - Short Debate
Second Reading - Short Debate
Do Pass / Short Debate Housing Committee; 013-000-000
Placed on Calendar 2nd Reading - Short Debate
Assigned to Housing Committee
Placed on Calendar Order of First Reading
Third Reading - Passed; 055-000-000
Arrived in House
Chief House Sponsor Rep. Thomas Holbrook
First Reading
Referred to Rules Committee
Second Reading
Placed on Calendar Order of 3rd Reading April 11, 2011
Do Pass as Amended Financial Institutions; 010-000-000
Placed on Calendar Order of 2nd Reading March 29, 2011
Senate Committee Amendment No. 1 Adopted
Senate Committee Amendment No. 1 Assignments Refers to Financial Institutions
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Michael W. Frerichs
Senate Committee Amendment No. 1 Referred to Assignments
Assigned to Financial Institutions
Referred to Assignments
Filed with Secretary by Sen. Michael W. Frerichs
First Reading
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML |
| Engrossed | HTML |
| Enrolled | HTML |
| Document | Format |
|---|---|
| Public Act | |
| Senate Amendment 001 |
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